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Healthtech Solutions Inc. (HLTT)

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HYB Holding Corp. (OTC: HYBG)

HYB Holding Corp. (OTC: HYBG), through its Mediscan Inc. subsidiary, created a cloud-based software for ultrasound technology that reconstructs the analog two-dimensional grayscale visual image into a digital three-dimensional, high-definition quantifiable format.

The Mediscan software application dramatically increases the medical professional’s ability to use existing ultrasound devices at the point of care to derive meaningful data-driven clinical evaluations of a patient’s pathology or trauma, facilitate support for treatment options, monitor the patient’s ongoing progress or regress, and document compliance with required protocols and procedures. The Mediscan application also integrates with all popular EMR systems.

HYB Holding Corp. acquired all of Mediscan’s capital stock in a reverse acquisition transaction on November 13, 2020. On November 23, 2020, the shareholders of HYB Holding Corp. consented to a resolution changing its name to Healthtech Solutions Inc.

The company’s operational focus for the immediate future will be on Mediscan’s continuing research and development of imaging, development of other medical solutions, and making strategic investments.

Mediscan Technology

Mediscan software transforms an ultrasound analog 2D grayscale image into a digital 3D HD format. When paired with a portable ultrasound machine, the software application can enable these detailed and quantifiable scans by on-the-scene medical professionals, such primary care physicians, specialists and technical support staff, as well as sports trainers, emergency medical services (EMS) personnel, and technicians in isolation wards and emergency rooms.

Once an image has been captured in 2D, it is converted using a cloud-based software application process – a process that takes approximately one minute. The completed 3D image is viewed on the medical professional’s computer monitor, pad or smartphone at the point of service. This technique can generate 3D medical images of different organs, such as the heart, lungs, tendons, skin and nerves.

This cloud-based software application for ultrasound devices is easy to use anywhere there is an internet connection. The application provides the convenience of point of care ultrasound with the image quality of CT or X-ray and the safety of very expensive MRI technology. For patients, it provides a convenient and comfortable medical experience.

Mediscan has filed two patent applications with the United States Patent and Trademark Office, both for a System Method, Apparatus, and Computer Program Product for Ultrasonic Clinical Decision Support (https://ibn.fm/lpImS).

The technology will initially be available as medical software-as-a-service (SaaS), resulting in cost-efficiency. The SaaS model eliminates the customer’s need for external hardware and software solutions, as well as technical maintenance. The SaaS model is already widely used in the health care industry, most notably for clinical information systems and supply chain management, revenue cycle management and billing. Benefits include increased patient and physician satisfaction, lower operational costs, better workflows and more. Per company data, the Mediscan system is fast and efficient, which could generate a significant cost reduction.

Health and Wellness Applications

Mediscan’s technology has shown success in musculoskeletal (MSK), lung and cardiac imaging, enabling rapid pathology evaluation. Scanning the lung and or the MSK sub-system, the application directly images the target area, saves it as a reference, and then compares it to previous images, helping to determine if the patient is progressing or regressing.

The cardiac application combines imaging with a therapy system that detects and classifies cardiac myopathy conditions via an “entrainment” process similar to that used in treating tachycardia. This application also features a comparison function where the latest imagery is interpreted against previous vetted cardiac images to detect progression or regression.

Mediscan’s technology can also be utilized on the wellness market for diagnostics and support in a wide range of situations, such as sports injuries, physical therapy and dermatological indications.

COVID-19 Applications

COVID-19 causes complications with patients’ cardiovascular and pulmonary systems. Mediscan’s technology could help meet the growing need for advanced diagnostic and monitoring imaging at the point of care.

Portable ultrasounds equipped with Mediscan’s application are a flexible and easy-to-use solution for health care providers to evaluate, triage and diagnose COVID-19 effects on contagious patients in isolation where MRI, CT or PET Scans are not accessible. With this technology, health care providers can easily detect lung lesions or heart muscle shredding, which often appear in patients with COVID-19.

Diagnostic Imaging Market Outlook

With the increasing demand for early diagnosis and a widening scope of clinical applications, any promising technological advancements in the field constitute a significant investment opportunity. The global market is also being driven by technological advances in the diagnostic imaging industry.

As standard ultrasound 2D greyscale images are generally the norm, and 3D imaging typically requires the use of CT, PET, MRI or X-ray technology, Mediscan’s application could have a dramatic impact on the medical imaging industry, meeting the need for imaging equipment and devices that can generate human anatomy data in 3D.

The global market for diagnostic imaging was estimated at approximately $100 billion in 2016 (https://ibn.fm/xtInK) and was expected to grow steadily, creating a promising opportunity for Mediscan to distribute its technology and achieve its mission as a developer and distributor of medical imaging solutions designed for both long-term care and acute and emergency medical services.

Management Team

David Rubin is the Chairman and CEO of HYB Holding Corp. Mr. Rubin has been in the financial services business for over 20 years. Concurrently, he is also the CEO of Capital Stack LLC and CEO of eProdigy Financial LLC. Rubin attended Kingsborough Community College from 1985 to 1988.

Manuel Iglesias is the President and a Director of HYB Holding Corp. Mr. Iglesias has practiced law since 1980, specializing in business law, merger and acquisitions, securities and health care. Mr. Iglesias served as President, CEO and a board member of Hygea Holdings Corp., which provided primary care medical services throughout Florida and Georgia. He served as the National Chairman of the Republican National Lawyers Association in 2019 and 2020. Mr. Igleisias was awarded his MBA degree from the University of Chicago in 1981, a Juris Doctorate from the University of Chicago in 1979, and a BS in Foreign Service from Georgetown University in 1976.

Denis Kleinfeld is a Director of HYB Holdings Corp. and General Counsel and a Director of Mediscan Inc. Mr. Kleinfeld has extensive experience in business planning and regulatory compliance. Mr. Kleinfeld is a renowned expert in international tax and estate planning law. Kleinfeld received his Juris Doctorate from the Loyola University of Chicago School of Law in 1970.

Richard F. Parker is the Chief Research Officer of Mediscan Inc. He developed the technology that is the foundation of Mediscan’s business plan. Before he joined Mediscan, Mr. Parker was employed as an engineer and business executive for 37 years. Previously, he was President and Chief Technology Officer of CytoWave LLC. Mr. Parker was awarded a patent for technology that supported a Method and Apparatus for Generating a Therapeutic Magnetic Waveform. During the past 10 years, Mr. Parker has published 14 papers and made numerous presentations focused on magnetic imaging and treatment of sports and equine injuries. He obtained his MSEE degree from the Georgia Institute of Technology in 1971.

 

Investment Considerations
  • HYB Holding Corp.’s subsidiary, Mediscan Inc., offers technology that can turn 2D images from a portable ultrasound machine into digital 3D images to provide better diagnosis and more accurate internal trauma views.
    Mediscan’s technology has multiple applications in lung, cardiac and musculoskeletal imaging and related applications.
    A portable ultrasound scanner equipped with the Mediscan application can help detect and diagnose lung and cardiac tissue damage in COVID-19 patients, who cannot undergo regular imaging procedures while contagious.
    Mediscan recently filed a provisional patent application with the United States Patent and Trademark Office for a System Method, Apparatus, and Computer Program Product for Ultrasonic Clinical Decision Support.
    Global demand for enhanced diagnostic imaging has increased due to the urgency of providing early diagnosis in patients.
    Mediscan technology is available through a software-as-a-service model, helping health care providers reduce costs and increase patient satisfaction by providing speedier, effective imaging services.
    The company’s management team come from legal, business and technology backgrounds, giving Mediscan access to a broad array of applicable knowledge.
Additional Resources

Company News & Data

 
News & Media Overview Chart Financials Filings Time & Sales Historical Data

News and Media

Wed Feb 3rd, 2021

  • InvestorBrandNetwork4:00 PM

    InvestorNewsBreaks - Why HYB Holding Corp. (HYBG) Is 'One to Watch'

Thu Jan 28th, 2021

  • InvestorBrandNetwork3:00 PM

    HYB Holding Corp. (HYBG) Is 'One to Watch'

Tue Dec 8th, 2020

  • SEC Filings3:00 AM

    Other definitive information statements - Form DEF 14C

Tue Nov 24th, 2020

  • SEC Filings3:00 AM

    Other preliminary information statements - Form PRE 14C


    SEC Filings3:00 AM

    [Amend] General statement of acquisition of beneficial ownership - Form SC 13D/A

Mon Nov 16th, 2020

  • SEC Filings3:00 AM

    Current report pursuant to Section 13 or 15(d) - Form 8-K

Fri Oct 23rd, 2020

  • SEC Filings3:00 AM

    General form for quarterly reports under Section 13 or 15(d) - Form 10-Q

Wed Sep 30th, 2020

  • SEC Filings3:00 AM

    Other preliminary information statements - Form PRE 14C

Tue Sep 29th, 2020

  • SEC Filings3:00 AM

    General statement of acquisition of beneficial ownership - Form SC 13D

 
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PostSubject
#2432   Yes sir - I keep thinking that I WAR_CTR4Hire 02/22/21 07:32:16 PM
#2431   HYB Holding Corp., HYBG, changed to Healthtech Solutions Renee 02/22/21 06:15:04 PM
#2430   Name and ticker change: $b_rich$ 02/22/21 04:01:31 PM
#2429   Thank you sir. WAR_CTR4Hire 02/16/21 10:59:15 AM
#2428   iBox updated dshade 02/16/21 10:53:59 AM
#2427   1 more day closer to dollar land. WAR_CTR4Hire 02/10/21 04:16:49 PM
#2426   So much for a GAP - NICE BID WAR_CTR4Hire 02/10/21 10:26:21 AM
#2425   Big Gap... WAR_CTR4Hire 02/10/21 10:01:20 AM
#2424   Market Cap - $2,910,381 and HYBG is only WAR_CTR4Hire 02/10/21 08:22:03 AM
#2423   Very thin. Looking good. Walker 02/09/21 02:04:11 PM
#2422   New High of Year. WAR_CTR4Hire 02/09/21 01:12:13 PM
#2421   Definitely looking good! $b_rich$ 02/09/21 12:21:11 PM
#2420   Agreed - Edging Higher... WAR_CTR4Hire 02/09/21 12:18:41 PM
#2419   Trading pretty thin Walker! $b_rich$ 02/09/21 11:03:26 AM
#2418   For those that do not already have a WAR_CTR4Hire 02/09/21 10:44:55 AM
#2417   .20 break already - nice... WAR_CTR4Hire 02/09/21 10:01:35 AM
#2416   Something cooking on the grille ??? ;-) molee 02/09/21 09:48:56 AM
#2415   David Rubin CEO is a red flag for treedoc 02/05/21 12:14:20 PM
#2414   agree dshade 02/03/21 04:21:17 PM
#2413   Outstanding Shares WAR_CTR4Hire 02/03/21 04:15:27 PM
#2412   Interesting trade today : molee 01/29/21 12:59:43 PM
#2411   support that is.... dshade 01/25/21 03:27:13 PM
#2410   2d to 3d cheaper and should have insurance suport dshade 01/25/21 07:55:27 AM
#2409   perhaps dshade 01/25/21 07:54:38 AM
#2408   be nice if they would dshade 01/25/21 07:53:56 AM
#2407   uh huh, yep. dshade 01/25/21 07:52:49 AM
#2406   Yes sir, could be a rocket ship. WAR_CTR4Hire 01/24/21 08:07:31 PM
#2405   This is slowly getting more attention now it Traderfan 01/24/21 06:41:00 PM
#2404   And nice size bidders stepping up - looks Walker 01/20/21 02:56:33 PM
#2403   Little bit of volume today - we are WAR_CTR4Hire 01/20/21 02:52:56 PM
#2402   Thx - could be a huge play with Walker 01/20/21 01:41:12 PM
#2401   Nice post. WAR_CTR4Hire 01/20/21 01:39:23 PM
#2400   Looks ready - Mediscan launch coming soon - Walker 01/20/21 01:30:44 PM
#2399   Should have some updates coming here. WAR_CTR4Hire 12/28/20 02:55:32 AM
#2398   Descent bid at .06 WAR_CTR4Hire 12/23/20 10:02:11 AM
#2397   Looks pretty thin on the ask should there molee 12/22/20 02:55:30 PM
#2396   Pretty good volume today battling it out ... molee 12/08/20 03:01:57 PM
#2395   I wish these guys would show their cards molee 12/01/20 12:26:47 PM
#2394   $HYBG on sale @ 7 cents ... molee 11/30/20 10:34:17 AM
#2393   Good deal - hopefully that will bring new WAR_CTR4Hire 11/24/20 11:53:03 PM
#2392   PRE14c out with proposal to change the name Traderfan 11/24/20 05:20:45 PM
#2391   Awesome, good deal. WAR_CTR4Hire 11/20/20 10:28:30 AM
#2390   "Pink Current" today >> https://www.otcmarkets.com/stock/HYBG/disclosure . molee 11/20/20 08:06:44 AM
#2389   SOS filling 11/16/20 pennypauly 11/19/20 10:14:48 AM
#2388   Great day here. This is technically a COVID greatnessawaits 11/17/20 07:00:54 PM
#2387   About time, hugely undervalued on this float. Traderfan 11/17/20 05:32:41 PM
#2386   very nice dshade 11/17/20 04:07:47 PM
#2385   Might see 20 today pennypauly 11/17/20 03:51:20 PM
#2384   .15 up pennypauly 11/17/20 03:44:27 PM
#2383   60k bid 097 we might see .15 today pennypauly 11/17/20 03:28:08 PM
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